Crypto whale lost millions in mind-boggling attack!

Blockchain security service ScamSniffer says a crypto whale lost $32 million worth of tokens after signing a malicious transaction.

The loss came in the form of wrapped Ether tokens from decentralized finance (DeFi) protocol Spark. The 12,083 spWETH tokens that were withdrawn from the wallet are worth around $32.4 million in current value.

According to blockchain intelligence firm Arkham, the malicious transaction was powered by the Inferno Drainer scam service. Inferno Drainer, which attempts to trick users into taking control of their wallets and targeting them with fake versions of popular DeFi apps, has stolen more than $215 million from more than 200,000 victims, according to a Dune Analytics dashboard created by ScamSniffer.

Inferno’s operators reportedly take a 20 percent commission on the stolen tokens. The service was initially shut down by its developers in November 2023, but it returned in May of this year. The scam claims to support 28 different blockchains and hundreds of different DeFi applications.

The identity of the phisher has not yet been verified, but blockchain detective ZachXBT has detected transactions linking the wallet to a whale named CZSamSun (not to be confused with X-user @samczsun, a researcher at venture capital firm Paradigm). ZachXBT’s posts about the incident have everyone intrigued.

A blockchain message sent from the victim’s wallet claims to offer a 20 percent reward in exchange for the money being returned, but the alleged scammer has yet to respond.

#KIP #KIPprotocol #CryptoDeNostradame #MOGUL #MogulProdustions